Anonymous wrote:A plumber yesterday told me they charge $420 per hour. I was shocked inflation drove plumbing service to $420 per hour! Now how many college majors offer $420 per hour, even ten years post-graduation? And the icing on the cake is AI will not replace residential plumbing maintenance jobs!

Anonymous wrote:

Anonymous wrote:consulting (mgmt not economic) a bit easier and better than finance

Management consulting is not hiring this year

Anonymous wrote:You guys realize that a $400 an hour charge doesn't equal $400 an hour, right? I mean, really: how many plumbers do you know who are rich? It's totally respectable, but don't kid yourselves.

It seems OK. I'm a college professor. My students are doing better than last year.

Anonymous wrote:

both econ majors - as I said, I can’t speak to CS, which may be better, but my son called it a bloodbath. Recruiting on campus was half what it was 2 years ago, and ever dinner / coffee chat / group invite is geared towards diversity hires. Almost impossible for non URM to land on Wall Street with no connection - regardless of whether it’s Yale at the top or Cornell at the bottom of T20.

Again, what school? What firms and jobs? I find this hard to believe since there are so few URMs at the T20s so sounds like more typical grievance. We just attended admitted student event at UVA and discussion about changes at McIntire. Apparently, non-McIntire, econ majors are doing fine. VT Pamplin recent grads we know also seem to be doing fine.

both econ majors - as I said, I can’t speak to CS, which may be better, but my son called it a bloodbath. Recruiting on campus was half what it was 2 years ago, and ever dinner / coffee chat / group invite is geared towards diversity hires. Almost impossible for non URM to land on Wall Street with no connection - regardless of whether it’s Yale at the top or Cornell at the bottom of T20.

Anonymous wrote:It’s challenging right now in the market. During admitted student days at Princeton, MIT (virtual for parents), Hopkins, and Georgetown, their career center missions all presented and the data should significant decrease in on campus recruiting and number of 2023s entering the job market within 6 months after graduation. They stated companies across numerous industries although are hiring, they aren’t hiring as many positions. Students who have been hired have received delayed start dates, bonuses to delay start dates etc. Also, the data showed an upward trend in students staying for an additional year to pursue their masters and students pursuing other graduate degrees. This is like the early 2000s when .dotcom took a hit and those that graduated in 2000-2003 are still feeling the financial impacts to this day. My prediction this will be the case for 2023-2026/7.

As for CS majors, Hopkins stated that although numerous people major in it, it’s an innate talent. Some people it truly clicks for and they do research, startups etc hence they get targeted for hires but if you are not a standout it may be better to pursue other areas. They stressed this numerous times in engineering dept talk. MIT is offering an AI degree as SB for undergrads. MIT stated they have been also impacted by the market and of course showed stats to you can see in their CAPD site. Georgetown talked about delayed starts and higher number of students taking a gap year and pursuing grad school.

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

CS i can’t speak to, but - I have one kid at T20 and one at top SLAC - both say about 50% of seniors have jobs, and a there’s a whole lot of stressing and angst at this point. It’s not great out there for non URM kids, anecdotal evidence aside - you better have connections or be willing to grind.

Come on, this is BS. What schools and majors?

both econ majors - as I said, I can’t speak to CS, which may be better, but my son called it a bloodbath. Recruiting on campus was half what it was 2 years ago,
and ever dinner / coffee chat / group invite is geared towards diversity hires. Almost impossible for non URM to land on Wall Street with no connection - regardless of whether it’s Yale at the top or Cornell at the bottom of T20

Not the experience of my kid at Yale. Plenty of white kids without connections getting hired as always. Maybe the schools your kids go to aren’t as “top” as you’d like to believe

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

CS i can’t speak to, but - I have one kid at T20 and one at top SLAC - both say about 50% of seniors have jobs, and a there’s a whole lot of stressing and angst at this point. It’s not great out there for non URM kids, anecdotal evidence aside - you better have connections or be willing to grind.

Come on, this is BS. What schools and majors?

both econ majors - as I said, I can’t speak to CS, which may be better, but my son called it a bloodbath. Recruiting on campus was half what it was 2 years ago,
and ever dinner / coffee chat / group invite is geared towards diversity hires. Almost impossible for non URM to land on Wall Street with no connection - regardless of whether it’s Yale at the top or Cornell at the bottom of T20

Not the experience of my kid at Yale. Plenty of white kids without connections getting hired as always. Maybe the schools your kids go to aren’t as “top” as you’d like to believe

Anonymous wrote:consulting (mgmt not economic) a bit easier and better than finance

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

CS i can’t speak to, but - I have one kid at T20 and one at top SLAC - both say about 50% of seniors have jobs, and a there’s a whole lot of stressing and angst at this point. It’s not great out there for non URM kids, anecdotal evidence aside - you better have connections or be willing to grind.

Come on, this is BS. What schools and majors?

both econ majors - as I said, I can’t speak to CS, which may be better, but my son called it a bloodbath. Recruiting on campus was half what it was 2 years ago,
and ever dinner / coffee chat / group invite is geared towards diversity hires. Almost impossible for non URM to land on Wall Street with no connection - regardless of whether it’s Yale at the top or Cornell at the bottom of T20

Not the experience of my kid at Yale. Plenty of white kids without connections getting hired as always. Maybe the schools your kids go to aren’t as “top” as you’d like to believe

phew, we can all rest easy and stop the hand-wringing - all is fine at Yale folks!!

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

CS i can’t speak to, but - I have one kid at T20 and one at top SLAC - both say about 50% of seniors have jobs, and a there’s a whole lot of stressing and angst at this point. It’s not great out there for non URM kids, anecdotal evidence aside - you better have connections or be willing to grind.

Come on, this is BS. What schools and majors?

both econ majors - as I said, I can’t speak to CS, which may be better, but my son called it a bloodbath. Recruiting on campus was half what it was 2 years ago,
and ever dinner / coffee chat / group invite is geared towards diversity hires. Almost impossible for non URM to land on Wall Street with no connection - regardless of whether it’s Yale at the top or Cornell at the bottom of T20

Not the experience of my kid at Yale. Plenty of white kids without connections getting hired as always. Maybe the schools your kids go to aren’t as “top” as you’d like to believe

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

CS i can’t speak to, but - I have one kid at T20 and one at top SLAC - both say about 50% of seniors have jobs, and a there’s a whole lot of stressing and angst at this point. It’s not great out there for non URM kids, anecdotal evidence aside - you better have connections or be willing to grind.

Come on, this is BS. What schools and majors?

both econ majors - as I said, I can’t speak to CS, which may be better, but my son called it a bloodbath. Recruiting on campus was half what it was 2 years ago,
and ever dinner / coffee chat / group invite is geared towards diversity hires. Almost impossible for non URM to land on Wall Street with no connection - regardless of whether it’s Yale at the top or Cornell at the bottom of T20

Not the experience of my kid at Yale. Plenty of white kids without connections getting hired as always. Maybe the schools your kids go to aren’t as “top” as you’d like to believe